Regulatory Finance Consultant

Creideas; Gogar; Hybrid; GBP 74,000 - 129,000; Full time

Job summary

Creideas, Edinburgh-based consultancy, is seeking a Regulatory Finance / Regulatory Reporting Consultant on a contract basis. The role is hybrid in Edinburgh, working with regulated utilities clients to ensure proper financial and operational separation, regulatory compliance, and robust reporting.

You will partner with CFOs and senior stakeholders to review processes, design improvements, and implement effective controls and systems.

Qualifications

• ICCA/ACCA/CIMA or equivalent professional qualification.
• Experience in regulatory finance or accounting in a regulated sector.
• Experience with financial separation and regulatory reporting.

Responsibilities

• Advise clients on financial and operational separation of regulated and non-regulated activities.
• Review finance structures, processes and controls and identify improvements.
• Develop cost allocation methodologies for shared costs and services.
• Support financial ring-fencing and regulatory licence compliance.
• Develop transfer pricing and related-party transaction frameworks.
• Assist with regulatory accounts, reconciliations and submissions.
• Prepare regulatory submissions and performance reports.

Skills

Regulatory finance

Regulatory reporting

Financial accounting

Transfer pricing

Cost allocation

Stakeholder management

Regulatory submissions

Education

ACCA/CIMA/ICAS or equivalent

Tools

ERP systems

Regulatory reporting tools

Job description

Job Title: Regulatory Finance / Regulatory Reporting Consultant (Contract)

Salary: Competitive, dependent on experience (Day rate, outside IR35)

Location: Edinburgh (Hybrid)

Overview

An exciting opportunity has arisen for a Regulatory Finance / Regulatory Reporting Consultant to join a specialist consultancy working with clients across the regulated utilities sector, primarily within water and energy. The role will focus on helping regulated businesses ensure their regulated and non-regulated activities are properly separated, both financially and operationally, while meeting regulatory requirements and licence conditions. You'll work closely with the CFO and senior stakeholders, helping to review existing processes, design improvements and put the appropriate systems, controls and reporting in place. The role would suit someone from either a consulting or industry background with experience in regulatory finance, regulatory accounting, financial separation or a similar regulated environment.

Key Responsibilities

Financial Separation & Regulatory Finance

• Advise clients on the financial and operational separation of regulated and non-regulated activities


• Review existing finance structures, processes and controls and identify areas for improvement


• Develop and implement cost allocation methodologies for shared costs, overheads, services and capital


• Support financial ring-fencing and ensure compliance with relevant licence conditions


• Develop and review transfer pricing and related-party transaction frameworks


• Support the preparation of regulatory accounts, reconciliations and financial submissions


• Assist with Annual Performance Reports and other regulatory reporting requirements


• Review finance systems, chart of accounts and reporting structures to support effective financial separation


• Develop policies, procedures and controls to ensure separation requirements are maintained


• Work with external auditors and regulators on regulatory and financial separation matters


• Prepare clear reports and presentations for senior management, Boards and Audit & Risk Committees


• Keep clients up to date with regulatory changes and advise on the impact on finance processes and controls

Person Specification

• ICAS, ACCA, CIMA or equivalent professional qualification


• Strong financial accounting, regulatory finance or related background


• Experience in regulatory finance, regulatory accounting, financial separation or a similar area


• Experience working within a regulated industry or consulting/advisory environment


• Strong understanding of financial reporting, controls and accounting processes


• Experience with cost allocation, regulatory reporting, financial controls or related-party transactions


• Experience working with senior finance stakeholders, auditors or regulators

Desirable

• Experience within a regulated sector


• Experience with financial ring-fencing or accounting separation


• Experience supporting regulatory submissions or licence compliance


• Previous consulting or professional services experience

Knowledge & Skills

• Strong understanding of regulatory and financial accounting


• Knowledge of cost allocation and activity-based costing


• Understanding of financial separation and ring-fencing


• Knowledge of transfer pricing and related-party transactions


• Understanding of statutory versus regulatory reporting


• Strong analytical and problem-solving skills


• Excellent stakeholder management and communication skills


• Ability to translate complex regulatory requirements into practical finance processes


• Good understanding of finance systems and reporting structures


• Analytical and detail-focused with a strong understanding of financial controls


• Confident communicator who can work with both finance and non-finance stakeholders


• Comfortable managing multiple client projects and working to deadlines


• Pragmatic approach to problem solving and process improvement


• Strong relationship-building and stakeholder management skills


• Able to work independently while contributing effectively to a wider consulting team

Additional Information

This is a strong opportunity for someone looking to build their career within regulatory finance, financial separation and finance transformation, with exposure to complex client projects and senior stakeholders.